Land•Multifamily•For Sale

Beech Hill

Beech Hill Road , Durham Madbury , New Hampshire 03824

Sale Price $1,580,000
Sale Type Development
Zoning Rural Residential
Land Area 145 Acres
Land Use Development
Market New Hampshire
Sub-Market Seacoast
This large tract of land has excellent access to Route 155 and less than a 3 minute drive to Route 4. This land, which still needs approvals, could easily fit a large apartment complex and any purchaser would be allowed time to obtain permits before close. With a highly rated school system, the elementary, middle and high schools of the Oyster River school system as well as the University of New Hampshire are a draw for lots of different types of students, parents, and teachers. With very low vacancy rates within Durham and all the surrounding towns, rentals are strong in this market. This site is just minutes from both downtown Durham and Dover, and minutes to UNH and the elementary, middle and high schools. The land includes the highest point in the seacoast, the top of Beech Hill. There is substantial developable land which could have two access points for good development planning. The land is heavily forested. This property is located in Durham, which is home to the University of New Hampshire. UNH is the flagship school in the University System in New Hampshire. There are approximately 20,000 persons on campus, including grad students, professors, and staff. There is availability of access to the UNH amenities by the residents of the town. The property sits in both Durham and Madbury and has access from Route 155 in Madbury, as well as Beech Hill Road in Durham, which is a Class VI road. The location is easily accessible from Durham, Dover, Lee, and all points in the seacoast. Portsmouth is just a short 20 minutes away, with access from there less than an hour to Portland, ME and Boston, MA. The Pease Airport has direct flights to FLA and NC. Durham has a high proportion of retirement units located within the community.
  • High percentage of high - dry land
  • Highest point in the seacoast
  • Two areas of level plateau with little slope
  • Long frontage on Route 155 in Madbury
  • Some engineering completed in the past on portions of the property
2/12/2020 4:44:40 PM 2/13/2020 6:50:11 PM
Dave Garvey
Managing Director
Coastal Land & Commercial Group (CLCG)
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